Sector
Travel insurance companies
21 companies · 51 stories · $50M disclosed
Cover bought for a trip — cancellation, delay, baggage and medical treatment abroad — most of it sold at the point of booking. Insurtech Daily tracks 21 companies working in travel insurance — 10 insurers, 7 insurtechs and 2 brokers, across 51 stories going back to Aug 5, 2024. Between them they have disclosed $50M across 1 funding round, the largest Faye's $50M. Every figure is compiled from the coverage on this page.
This page is the companies. See the running coverage in Embedded.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| Faye | $50M | Series C | Madrona | Beinsure+3 |
Every round is listed with its reporting in the funding tracker, and totals across every sector in the company ranking.
Companies
| Company | Type | Market | Stories | Disclosed |
|---|---|---|---|---|
| Income | Insurer | Singapore | 7 | — |
| Faye | Insurtech | United States | 6 | $50M |
| Koala | Insurtech | — | 6 | — |
| CarTrawler | Technology vendor | Ireland | 5 | — |
| Gigasure | Insurtech | — | 5 | — |
| Admiral | Insurer | United Kingdom | 4 | — |
| MSIG Asia | Insurer | Singapore | 4 | — |
| Tune Protect | Insurtech | Malaysia | 4 | — |
| BMO Insurance | Insurer | Canada | 3 | — |
| Companjon | Insurtech | Germany | 2 | — |
| Ripe | Broker | United Kingdom | 2 | — |
| Ancileo | Insurtech | Singapore | 1 | — |
| Balcia | Insurer | Latvia | 1 | — |
| ICICI Lombard | Insurer | India | 1 | — |
| Insurte | Insurtech | — | 1 | — |
| Malayan Insurance | Insurer | Philippines | 1 | — |
| Medon | Technology vendor | — | 1 | — |
| Quotezone | Broker | United Kingdom | 1 | — |
| RAA | Insurer | Australia | 1 | — |
| RBC Insurance | Insurer | Canada | 1 | — |
| Travel Guard | Insurer | United States | 1 | — |
Where they are
Coverage
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Insurtech Firm Faye Closes $50M Series C Led by Madrona
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Insurtech startup Faye announces $50M capital raise
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Faye raises $50 mn in Series C for AI travel insurance expansion
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Faye Raises $50 Million, Bets on AI to Get Travel Insurance Claims Paid in Minutes
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Oman Air Partners with Insurte, ISA Assist, and Takaful Oman for Embedded Travel Insurance
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Travel insurance premiums to Turkey jump 46% – Quotezone
New data shows how proximity to Ukraine and Iran is feeding through into UK travel insurance pricing
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BMO Insurance launches AI-enhanced SmartDecision tool delivering a faster and more seamless path to coverage for clients and advisors
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Malayan Insurance Partners with Atome for In-App Travel Coverage
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Income sells digital insurance platform to Embed Financial
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Income Insurance shifts HIVE to EFGH amid embedded cover push
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Income Insurance Transfers Digital Insurance Platform To Embed Financial Group Holdings
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Income to sell digital insurance platform Hive to Singapore fintech firm Embed Financial Group
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BMO launches health and dental insurance plan powered by GreenShield
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BMO launches new health and dental insurance plans
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Insurtech startup Faye moves into bigger HQ in Henrico
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Ripe Launches ChatGPT App For Its Cycleplan Product -
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Digital insurance broker insurd joins select group supporting Admiral’s first move into taxi and PHV cover
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Insurtech Koala Wins New Airline Partnership With Volotea
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MSIG Asia backs insurtech Ancileo to expand travel insurance across Asia
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Tune Protect pivots to embedded travel solutions
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Tune Protect Embeds Insurance Into Home Solar Installations
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Insurance moves: mea Platform, Cotality, Travel Guard and Elevance
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CC, Osborne Clarke lead on FTSE 100 Admiral's £80m insurtech buy
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Admiral Group drives away with InsurTech in £80m deal
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Admiral Group to buy Flock in £80m fleet insurance deal
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MSIG Asia selects Peak3 to enhance digital insurance platform
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MSIG Asia advances its digital strategy with Peak3 as strategic platform partner
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Gigasure launches digital insurance card
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RBC Insurance accelerates digital transformation to simplify insurance for everyone
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Hive by Income to help roll out bite-sized insurance in Thailand
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How Faye Travel Insurance Stacks Up
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CarTrawler acquires Koala to expand into travel insurance
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CarTrawler acquires Koala Insurance
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CarTrawler acquires travel insurtech company Koala
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CarTrawler expands travel ancillary offering with acquisition of Insurtech Koala
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CarTrawler buys insurtech firm Koala as growth continues
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Ripe advances digital strategy with GJW acquisition
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RAA and Duck Creek Technologies announce new SaaS core insurance delivery technology partnership
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Balcia travel insurance to include Medon online doctor consultations
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MSIG Asia eyes 2029 growth with digital push and emerging market focus
The 40 most recent of 51 stories naming one of these companies.